What Makes 0L Network Different?

What is 0L Network?
0L Network is layer 1 blockchain protocol that is open, permissionless and Community governed. An open source fork of Diem originally developed by Meta (formerly Facebook) and uses the Move programming language which is designed to be extremely safe in adversarial environments.

Most block chains are indebted to early venture capital investors, founders who control the majority of coins and validators. 0L network has no venture capital investors, all the growth comes from the community working and reinvesting in the network. Validators and Community members contribute to community wallets which are used for continued improvements of the network and ecosystem.

Community
The 0L Network was designed to reward the workers, the builders, and the community. Community members can assist with many aspects of the network and are rewarded with 0L gas tokens. Tokens are distributed from a Community wallet funded by the validators. Community wallets are managed by independent organizations and used to fund technical and non-techical missions.

Governance is done by the community, all members can participate in any aspect of the development and decision making process of the chain. Not since Bitcoin has there been a blockchain as decentralized, open and permissionless as 0L Network.

Slow Wallets
Slow Wallets are a unique feature of the 0L Network. Slow Wallets are coded with limits on withdrawals per blockchain epoch. Slow wallets could also be used as a specific function such as automated payments, escrow accounts, etc. The slow wallets create additional security appointing all the validators to be observers of the wallet.

The slow wallets also prevent any potential “whales” from dumping on the market, potentially creating more stability for the chain. All validator’s wallets are slow wallets as well, so although some may appear to be “whales” their coins are locked for years.

The Move Language
0L Network used the Move language for smart contracts. The Move language is gaining in popularity due to the inherent safety features in the code. Built-in formal verification is a huge advantage of Move and will be the standard for autonomous financial systems.

Favorable use in a strict Regulatory environment
The 0L Network is one of only a few block chains positioned to be well accepted by regulatory agencies worldwide. Take all the best aspects of Bitcoin and put them in a modern blockchain with fast, cost efficient, and adaptable use cases and you have the 0L Network.

Aptos Compatibility
With version 7 upgrade the 0L Network will be compatible with the Aptos Network, another fork of Diem. With dozens of developers already developing Apps for Aptos these developers will also find a great opportunity on the 0L Network.

The Most Loved Block Chain
The 0L Network is destined to be the most loved block chain. With no venture capitalist, decentralization on par with Bitcoin, and fast cost efficient transactions, businesses and end users will flock to the 0L Network.